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The licence will permit expansion across the EU after the Brexit transition period ends.
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The Charles Taylor chairman will help assess broking, InsurTech and service provider targets as an advisory council member. -
The new Syndicate 1796 is the conduit for the initiative and is backed by 14 global (re)insurers.
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The client tool will provide real-time data on pricing, profits and claims.
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The pact is Tremor’s first integration with a global broker.
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The Swiss carrier’s digital white-label arm becomes the German InsurTech’s main investor.
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The company has signed up two car subscription firms as its first clients.
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The InsurTech is one of several carriers hoping to attract older customers.
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Six “mega-rounds” made up 69% of the total, including Ki, Next Insurance and Hippo.
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JAL Ventures led the funding round at the distribution platform.
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Tech innovators would be forgiven for looking at our industry and wondering how so little about the way it operates has changed in the past two decades.
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The portfolio of InsurTech partnerships will now be overseen by the company’s specialty businesses in the US and UK.
